Tsmc Warns of Possible Revenue Drop Spending Cut
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Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - Business -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
'No financial room,' German minister says as tax revenues drop
Yahoo News - World - Germany -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
Truck Driver Is Killed in Episode at TSMC’s Arizona Semiconductor Plant
Construction at the facility was not affected. The Biden administration awarded the company a $6.6 billion grant last month to expand in the United States.The New York Times - Business -
How much money the U.S. spends on war
American military spending reached $916 billion in 2023, which accounts for more than a third of the world's total military expenditure.CNBC - Business -
With Ukraine Funded, New Fight Emerges in Congress Over Pentagon Spending
Mitch McConnell and other top Republicans want more federal money for the military. But Democrats say domestic programs must get an equivalent boost.The New York Times - Top stories - Ukraine -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Chinese shoppers are buying less than they used to — but they're spending on experiences
Yahoo News - World -
McConnell, Collins on collision course with Democrats over spending parity
Senate Republicans are on a collision course with Democrats who are insisting that nondefense spending programs receive equal treatment with defense programs. Senate Republican Leader Mitch McConnell (Ky.) says he won’t accept Democrats’ demand to ...The Hill - Politics -
Dow Edges Higher at the Open After 40000 Milestone
Stocks rose slightly after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World -
Conservative outside group drops $70M on Senate Democrats in battlegrounds
Politico - Politics -
Faulty valve possible source of parasite outbreak
Up to 100 people have reported symptoms to their GP since a parasite was found in the water network.BBC News - Top stories -
Transparency calls for probe of possible foreign influence in Germany
Yahoo News - World -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
U.K.’s largest property developer says office tap-ins up 18%
Higher interest rates knocked £625 million off the value of Landsec’s office portfolioMarketWatch - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
Morehouse College prepares for possible disruptions ahead of Biden's commencement address
President Biden is set to deliver a commencement address at Morehouse College, and the historically Black college is preparing for possible disruptions as protests over Mr. Biden's handling of the Israel-Hamas war have continued on college ...CBS News - Top stories - Joe Biden -
Hunt hints at another National Insurance tax cut
Jeremy Hunt promises further tax cuts, as he launches an attack on Labour's plans ahead of an election.BBC News - Top stories